Global Macro / Markets / Investing:
- Are you ready? Goldman Sachs says that every one of its private equity clients is preparing for recession – Business Insider
- Moody’s Downgrades Outlook for Global Banks – Gold Silver Bitcoin
- Fed pumps $70.1 billion in one day liquidity into financial market – what does this actually mean? – WSJ
- Fear of an Inverted Yield Curve Is Still Alive for 2020 – Bloomberg
- OPEC expected to agree on deeper oil cuts, pushing prices higher – Aljazeera
Americas:
- Unemployment is low only because ‘involuntary’ part-time work is high – Business Insider
- Requiring Medicaid recipients to find employment is a cruel solution to a nonexistent problem – The Nation
- ‘Make America 36th Out of 41 Developed Nations Again’ – Common Dreams
- Harvesting the Blood of America’s Poor: The Latest Stage of Capitalism – Mint Press
- Trump’s Tax Cuts Push U.S. Burden Lower in World – WSJ
- Trump this, Trump that: Study: Solar tariffs set to devastate US economy, cost 62,000 jobs – Smart Energy
Europe:
- U.K. Can’t Be Trusted With Gold, Top Slovak Party Leader Says – Bloomberg
- German factory orders drop in October as economy struggles – 660 City News
- European CMBS and commercial real estate face credit risks from economic uncertainty – CRE Herald
- Chinese ambassador to Sweden: Trade restrictions will be imposed on Sweden – GP
- Spain planning on going ahead with ‘Google tax’ despite US tariff threats – Elpais
- German parliament has passed a record budget for 2020 – DW
- France crippled by biggest strike in years – BBC
Asia:
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- China: “Tariffs Must Be Reduced“ – Stock Market News
- Asian equities rebound on renewed trade deal optimism – Nikkei
- Why China Shouldn’t Wait Out Trade Feud With U.S. – Bloomberg
- SoftBank’s next big crisis may be brewing in India – Nikkei
- Tech Firms Lead as China’s Mainland Stock Markets End Morning Higher – Yicai Global
- Kim Jong-un Mulls “Christmas Gift” Decision – BBC
- China Warns U.S. Over Uighur Bill, Raising Doubts Over Early Trade Deal – Reuters
Trans-Tasman:
- ‘A massive backwards step culturally’: Australia will no longer have a federal department dedicated to the arts – SBS
- Oh how the mighty have fallen. Commodore sales slump to 5400 a year. – Drive
- ‘Stinker’ Christmas for retailers as rate cuts, tax relief not enough for shoppers – The SMH
- Police armed with assault rifles to patrol Australian airports over Christmas – SBS
- Ken Wyatt signed off on controversial $1.7m contract after lobbying from fellow MP – The Age
- Train expert says Australia should ditch unrealistic fast-rail dream for ‘fast…ish’ service – ABC
- NSW bushfires: Terrifying moment wall of flames engulfs trees caught on camera – ABC
- Minister ignores expert advice, gives North East Link the green light – The Age
- Chinese fishing vessels suspected of increasingly common laser attacks on Australian military – ABC
- Mining billionaire Andrew Forrest to invest in embattled Sun Brilliance solar farm in Western Australia’s Wheatbelt – ABC
- Boosting competition a ‘positive externality’ of RBNZ capital review – Interest.co.nz
- Robertson: There’s ‘no need’ for farmers to ‘bear the brunt’ of new bank capital rules – Interest.co.nz